Canadian Retail News From Around The Web For November 9th, 2023

OUR ARTICLES OF THE DAY

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News at a Glance

Retail Insider is streamlining its Canadian retail news from around the web to include a handful of top news stories that can be viewed quickly during the day. Here are the top stories from the past 24 hours.

Why ‘Christmas creep’ is sneaking up on many Canadian retailers – discussion with Craig Patterson of Retail Insider (CBC)

‘We wouldn’t sign’ grocery code if it raised prices: industry group exec (BNN)

Indigo launches transformation plan in hopes of returning retailer to profitability (CityNews)

Ikea Canada leaning on automation as it overhauls fulfilment network: new CEO (Financial Post)

IKEA Canada reports continued growth in Fiscal Year 2023 as more Canadians prioritize quality and affordability when choosing where to shop (Newswire)

Metro Inc. to set emission reduction targets per Science-Based Target Initiative (Grocery Business)

Roots CEO Meghan Roach Recognized as one of Canada’s Most Powerful CEOs by WXN and a Fellow (FCPA) by CPA Ontario (Newswire) ‘Ontario car dealerships are price gouging customers: survey (CP24)

What’s in a business name? In Quebec, everything (Globe & Mail / subscriber paywall) ****

Isolated and expensive, the N.W.T.’s Sahtu riding feels squeeze of climate change (CBC)

IGA Rodrigue & Morin, Que. re-opens after extensive renos (Grocery Business)

London Drugs named Official Pharmacy of Invictus Games Vancouver Whistler 2025 (Grocery Business)

Winnipeg woman sues Tim Hortons alleging cream in tea led to hospitalization (Canadian Press)

Curated Digest

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“Canadians are becoming more intentional about the brands they support.”
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Secondhand shopping growth outpacing retail overall: Mastercard

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When asked what specific factors consumers consider most important when making purchasing decisions, cost (63%), longevity (52%) and brand trust (45%) lead.
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VIDEO: Indoor farming push seen as key to Canada’s food security: GoodLeaf CEO

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Food security in Canada hinges on ensuring consistent, year-round access to fresh produce despite the country’s extreme seasonal swings.
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Most small businesses worry higher fuel costs could cool summer tourism season: CFIB

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"Fuel costs have been squeezing small businesses from all sides: at the pump, across their supply chains and in their customers' wallets."
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RioCan announces new grocery, fitness, and apparel tenants for HBC space at Georgian Mall in Barrie

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Georgian Mall is the largest enclosed shopping centre in Barrie and the greater Simcoe County area.
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VIDEO: Amazon Prime Day 2026 expected to draw Canadian shoppers despite affordability pressures: Bruce Winder

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Consumers are grappling with elevated living costs, including higher fuel prices and persistent food inflation.
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RH to Open in Former Club Monaco Building on Toronto’s Bloor Street

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RH is set to open a store in the former Club Monaco flagship building at 157 Bloor Street West in Toronto, bringing a new home furnishings tenant to one of Canada's most prominent retail locations.
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How Consumer Preferences Are Reshaping Canadian Grocery Retail

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Canadian grocery retail is evolving as consumers embrace curated assortments, ethnic supermarkets, private-label products and value-focused shopping. Industry veteran Michael Commisso shares insights into the trends reshaping the sector.
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Competition Bureau Continues Multi-Year Push Against Grocery Property Controls

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The Competition Bureau of Canada has expanded its investigation into Sobeys' use of property controls, continuing a multi-year effort that began with its 2023 grocery competition study and has already prompted changes across the grocery industry.
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Prime Day spending set to hit $5.4B in Canada as participation jumps from 52% to 65% in a year

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70% expect to spend the same amount (51%) or more (19%) than they did last year.
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Fran Deck, Steward of Toronto Landmark Fran’s Restaurant, Dies at 89

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Fran Deck, longtime steward of Toronto's historic Fran's Restaurant, has died at age 89. His legacy lives on through one of the city's most enduring dining institutions.
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AI implementation gap puts client revenue and talent at risk, Thomson Reuters report warns

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While AI tools are widely used across legal, tax, audit and risk professions, many organizations are failing to translate that usage into measurable business value, exposing them to financial and operational consequences.
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SELLIT9 raises $4.1M to expand recommerce trade-in platform across North America

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The funding round was led by the Business Development Bank of Canada’s Seed Venture Fund, with participation from MaRS Investment Accelerator Fund, AQC Capital and Anges Québec.
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Federal government investing $173.7 million to expand women entrepreneurship supports

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Addressing persistent barriers faced by women entrepreneurs and to build on existing federal programming designed to support business creation and growth.
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Thirsty Buddha expands into Costco U.K., Los Angeles as global push accelerates

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The move builds on Thirsty Buddha’s existing presence in Costco stores across Canada and reflects the company’s efforts to scale distribution through large-format retail channels.
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